Enterprise Risk Manager

Role Purpose:

 

The primary focus of this role is to provide strategic leadership and guidance in the development and implementation of an Enterprise Risk Management (ERM) framework within CPS. This role will play a crucial part in shaping business planning and objectives by integrating operational and financial risk considerations. The aim is to establish a comprehensive risk management approach that identifies, evaluates, and communicates key risk areas, providing the CPS Senior Leadership Team with clear visibility into organisational risks and enabling informed decision-making and control strategies.

 

Key Operational Objectives: 

 

• Develop the CPS Enterprise Risk Management Strategy:   Craft a robust ERM strategy tailored to the needs of CPS.
• Establish a Risk Quantification Methodology:   Create and implement a standardised approach for assessing and measuring risk.
• Collaborate with Senior Leadership:   Engage with senior leaders and their teams to identify and contextualise risks across all business areas.
• Aggregate Risks into Enterprise-Level Concerns:   Synthesise discipline-specific threats into overarching enterprise risk categories.
• Evaluate Business Practices:   Assess the effectiveness of current practices in managing enterprise-level risks.
• Confirm Multi-Aspect Management Scenarios:   Work with Directors and their teams to validate comprehensive management plans.
• Resource Planning and Costing:   Plan and estimate the resources, logistics, and costs required for managing enterprise-level risks.
• Develop Risk Cost Estimates:   Collaborate with commercial teams to estimate costs related to residual risks for each scenario.
• Create Risk Presentations:   Design effective presentations to illustrate current and projected risk levels, associated costs, and funding needs.
• Integrate Risk Costs into the Financial Model:   Ensure all risk-related costs are reflected in the CPS financial planning.
• Manage Commercial Staff:   Oversee and guide commercial staff in achieving the objectives of the ERM function.
• Enhance Organisational ERM Capability:   Work with Directors and their teams to improve and strengthen the ERM skills and processes across the organisation.

 

Interfaces:

 

CPS Senior Leadership Team

The successful candidate shall also interface with technical (Asset Management and Engineering) Teams, Operational Teams (Operations, Maintenance and Network Access) together with financial, commercial and enabling functions.

The successful candidate will also be required to interface with the CPS supply chain including identification of where changes to the supply change may be appropriate, plus may be required to interface with the CPS Board and Parent Companies.

 

Accountabilities:

 

• Demonstration of a clear understanding of organisational risk management relating to large DBFO / PFI and communicate this across the organisation.
• Develop and enhance an enterprise risk strategic approach, methodology and implementation procedure, including the development and ownership of documentation at executive level.
• Collaborate closely with other senior leaders and directorates to identify, verify and quantify existing risks, together with accountability for developing risk management/mitigation scenarios.
• Developing high-level cost models for both current risk profiles and risk management scenarios
• Holding business leaders accountable and closely monitoring performance and risk against our Strategic Business Objectives and contractual obligations.
• Ensuring risk is communicated to the executive level within CPS (Senior Leadership Team and CPS Board) including robust quantification obtaining agreement and support for proposed management measures including the long-term financial model and resulting annual budget cycle.
• Building strong working relationships with fellow senior managers and enhancing collaboration across teams.
• Supporting regularly reviewing and refining the CPS Business Strategy to appropriately incorporate risk management and financial considerations.

 

Experience/Criteria required:

Qualifications/ skills/ experience:

• Be able to demonstrate knowledge and experience of risk management at an organisational level
• Shall be fluent in management and financial accounting principles and presentation.
• Be able to demonstrate experience in asset management including asset intervention prioritisation, and management of residual asset risk.
• Shall have a proven track record of delivering engineering projects (in design, construction or both) and be able to demonstrate working knowledge of network management, incident response and resource management.
• Be conversant with technical language and details.
• Be contractually astute and able to engage with professionals across a wide range of disciplines.
• Be conversant with the Highways Act, Health and Safety at Work Act and the CDM Regulations, allowing compliance with these legal aspects to be identified and qualified with the enterprise risk considerations.
• A relevant professional qualification and ideally Chartered / Incorporated status with a recognised and relevant UK institution.

Personal attributes:

• Strategic thinker, problem solver and decision maker
• Agile and flexible.
• Business and politically astute.
• Effective strategic and transparent communication and engagement to manage internal and external stakeholder relationships and foster collaboration within CPS teams.

 

Behaviours:

 

Customer Focus:  Able to build and maintain excellent working relationships both within own organisation and with external parties.

Focus on Excellence: Continually searches for ways to add value and take performance to the next level.

Teamwork & Collaboration: Proactively builds knowledge through sharing knowledge, ideas and expertise with others.

Respect: Recognise and value our customers and people by encouraging and engaging.

Trust: Be open and honest with our stakeholders and each other, reliable and predictable and approach everything we do with a ‘can-do’ attitude.

Influential:  Able to manage complex issues and communicate these effectively

 

About Us:

 

CPS represents an exciting collaboration between industry giants Balfour Beatty, AtkinsRéalis, and Egis! Together, we spearhead the operation and maintenance of none other than the M25—the bustling heartbeat of European motorways. Imagine the thrill of orchestrating over £100 million of annual investment into this vital highway infrastructure, meticulously planning and executing projects amidst the constant flow of traffic. Whether you’re already immersed in the world of Highways or eager to embark on this exhilarating journey, the M25 promises an unparalleled experience, brimming with challenges and opportunities that simply cannot be matched elsewhere!

We foster diversity and inclusivity in our workplace, actively welcoming applications from qualified individuals of all backgrounds. Regardless of race, colour, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status, all are encouraged to apply. Our goal is to cultivate a supportive and respectful environment where every employee can excel. If you need accommodations during the recruitment process, please inform us.

 

Location:

 

This is a hybrid role designed to fully maximize team collaboration on the project, we therefore expect a minimum of 60% of your time to be spent at a CPS offices.

 

Note to all internal CPS employees:

 

If you are interested in applying, please submit your application through your parent company’s careers portal by entering the job title in the search bar. If your employing company is not advertising this role, please submit your CV and the role title to recruitment@connectplusm25.co.uk